Emma Walmsley, the new CEO at GlaxoSmithKline (GSK), and one of just seven female FTSE 100 leaders, is to be paid 25% less than the man she replaced at the helm of the pharmaceutical giant, it has been announced

The Charity Commission has appointed Adam Stephens, a director at Smith & Williamson, as interim manager to the Rav Chesed Trust, as part of the regulator’s inquiry into the charity’s administration and financial management in the light of its persistent failure to submit annual accounts on time

The Chancellor has made a commitment to encourage retraining after long career breaks with £5m of new funding to identify how best to increase the number of returnships offering people who have taken lengthy career breaks a clear route back to employment

Changes to inheritance tax are set to come into force from 6 April with the introduction of the long-expected nil rate inheritance tax (IHT) break applicable when a residence is passed on death to direct descendants

The ICAEW  will be adopting a new brand from April 2017 after ‘a year researching [its] brand with key stakeholder groups’, a newsletter to its members seen by CCH Daily has revealed

A row has broken out after a European-based company has claimed to have resurrected the Arthur Andersen brand, more than three years after a US tax consultancy also laid claim to the Andersen name and announced the development of a global network

In a speech marking 25 years since the Cadbury report, which ushered in a new era of corporate governance in the UK and introduced the concept of ‘comply or explain’ Sir Win Bischoff, chair of the Financial Reporting Council (FRC) has called for wider powers for the regulator so it can hold company directors to account for corporate failures and impose sanctions

KPMG in the UK has named the firm’s financial services specialist, Bill Michael, as its new chair-elect and the successor to Simon Collins, whose term ends on 30 September

Paul Morton, the new tax director of the Office of Tax Simplification (OTS) has taken over the helm of the organisation from 1 March and will be leading future attempts to reduce complexity in the UK’s tax system

From budget reviews to cashflow control, extraneous events like Brexit and potential political instability, finance directors can protect their businesses from external factors by putting an effective risk management plan into place, says Phil Scott, managing director at FD Recruit

Employers affected by the introduction of the apprenticeship levy will have to register online to manage their schemes, on a new web portal set up by the Department for Education and the Skills Funding Agency (SFA) prior to the launch of the apprenticeship levy on 6 April 2017

Accountants will be increasingly in demand during the Brexit process as companies look to reshape their business models in the post-EU environment, according to a joint study into the attitude of MPs commissioned by ACCA and AAT